IRB Infrastructure Developers has announced that they received the appointed date for their Udaipur project and have started collecting toll. In an interview to CNBC-TV18, Sudhir Hoshing, Joint Managing Director of IRB Infrastructure Developers explains what does this mean for company.

IRB InvIT Fund declares first distribution of Rs 1.55/unit

IRB Infrastructure-sponsored IRB Infrastructure Investment Trust (InvIT) Fund reported a revenue of Rs 151 crore for the April-June quarter. Also declared its first distribution of 1.55 per unit. In an interview to CNBC-TV18, Rajinder Pal Singh, Chairman of IRB InvIT Fund spoke about the same.

Seeing a lot of interest from various investors for InvIT: IRB Infra

In an interview with CNBC-TV18, VD Mhaiskar, CMD of IRB Infrastructure Developers spoke at length about InvIT.

IRB Infra expects 16-18% returns from Rajasthan project: Chief

IRB Infra is set to boost with an order win for 90 kms of 6-laning part of NH-79A and NH-79. This is the third order in couple of months and 30 km target has been completed, said VD Mhaiskar, company's CMD.

Cement, road sectors finally witnessing turnaround: Industry

The infrastructure and cement industry is finally seeing promises made by the Narendra Modi fulfilled as executives say demand has increased on back of government initiatives.

No financial loss to co after cancellation of J&K order: IRB

Speaking to CNBC-TV18, VD Mhaiskar, CMD of IRB said that the government has cancelled orders in the fashion in the past as well without stating any reason.

Budget 2016: See green shoots in infrastructure capex cycle, says IRB CMD

VD Mhaiskar, CMD of IRB Infrastructure Developers says that while fairly good number of projects are being bid-out the deals are largely on engineering procurement construction (EPC) or hybrid models, there is not much movement on build-operate-transfer (BOT) deals as the balance sheets of many developers remains stressed.

IRB bags Rs 10,050-cr J&K tunnel project, targets 16% IRR

The scope of the project includes constructing approaches on NH-1 (Srinagar Sonmarg- Gumr-i Road) on design, build, finance, operate and transfer (annuity) basis.

Ahmedabad-Vadodara proj to net Rs 1.25-1.35 cr rev/day: IRB

The expected revenue from the project is Rs 1.25 – 1.35 crore per day, Mhaiskar said adding that collection will continue to grow year-after-year.

Agra-Etawah project to begin from next year: IRB Infra

Virendra Mhaiskar, the company‘s Chairman and Managing Director (MD) said the government‘s target of building 30 km of highways a day is achievable.

IRB Infra achieves fin closure for Aurangabad toll project

VD Mhaiskar, CMD, IRB Infra says the company‘s current order book stands at Rs 11,000 crore and the Aurangabad toll project is its second largest after Ahmedabad-Baroda project.

Ops at Kolhapur toll booths resumed this morning: IRB Infra

VD Mhaiskar, CMD, IRB Infrastracture says the company did not incur much of a loss due to vandalism as the state managed to step in at the right time.

All attempts being made to resolve clearance issues: IRB

VD Mhaiskar, CMD, IRB Infrastracture Developers, says that there was delay in getting environment clearance (EC) and forest clearance (FC) for the Ahmadabad-Baroda project but now the clearance is in place and IRB Infrastructure has taken over that project from NHAI on January 1.

No CBI raid on any offices yesterday: IRB Infrastructure

IRB Infrastructure plunged over 7 percent yesterday on reports of CBI raid. In an interview to CNBC-TV18, the company‘s chairman and managing director VD Mhaiskar clarified that there was no Central Bureau of Investigation (CBI) raid on any IRB office yesterday.

See one time penalty of Rs 300cr on IRB Infra, says CMD

IRB Infra has received a service tax demand notice from the IT department on September 10 and VD Mhaiskar, CMD of IRB said they are looking at a one time penalty of around Rs 300 crore applied on three of its operational special purpose vehicles (SPVs).

Current EPC order book at Rs 7000cr: IRB Infra

VD Mhaiskar, chairman and managing director, IRB Infra in an interview to CNBC-TV18 spoke about the latest happenings in the company and the way ahead.

Don't see stiff competition until inflation cools: ITNL

A lot of bidding companies in the infrastructure sector are facing intense competition in the last one year. K Ramchand, MD of ITNL tells CNBC-TV18 that however the competition is reducing in the space because of adverse condition like interest rates.

IRB Infra denies over bidding in Ahmedabad project

VD Mhaiskar, chairman and managing director, IRB Infra denies reports of over bidding on the two corridors and they have won the bid on the numbers that have been shared with the analysts and news channels.

Had no intent of concealing aircraft buy: IRB Infra

In an interview to CNBC-TV18, VD Mahiskar, chairman and managing director, IRB Infra said, "If there would have been any intention of hiding it, we would not have registered it in India and paid a full duty of almost Rs 20 crore on it."

IRB Infra project cancellation just a one off case: NHAI

The National Highways Authority of India cancelled the Goa road project that it had awarded to IRB Infrastructure in January 2010 due to the inability to acquire land for the project. In an interview to CNBC-TY18, AK Upadhyay, chairman of NHAI says, this is just one off case.

IRB Infra expects FY12 PAT at Rs 500cr

IRB Infra expects to clock nearly Rs 500 crore profit in FY12. VD Mhaiskar, chairman and managing director, IRB Infra in an interview to CNBC-TV18 said, "We are pretty much on the target to achieve close to Rs 3,000 crore topline as we had indicated at the beginning of the year and close to 500 crore PAT."

Expect good bids to open up in next 2-3 months: IRB Infra

CNBC-TV18 catches up with IRB Infra's chairman and managing director, VD Mhaiskar, who has bought 2% in his company, upping his stake to 60% even as the promoter group sold nearly 10% in a block deal. Check out the interview!

Rate hike may not harm asset quality of infra cos: Experts

The Reserve Bank of India’s move to hike interest rates in a bid to tame inflation has hit the infrastructure space adversely. Experts feel that monetary tightening will sit heavily on the shoulders of infrastructure comapnies, and asset quality issues will be a big drag.

Dispute over Rs 15-20 cr expenses: IRB Infra on I-T raid

Speaking to CNBC-TV18 in an exclusive, the management of the company says that the I-T raid was only a routine search operation on the company’s premises. “However, some small cost implications do exist as a result of the raid,” says VD Mhaiskar, chairman and managing director, IRB Infrastructure.

Current order book is at Rs 12000 cr, says IRB Infra

VD Mhaiskar, chairman and managing director of IRB Infrastructure Developers gave his perspective on the latest happenings in the company and industry.